The Ideal Location for
Your Manufacturing Business


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Ignite Your Manufacturing Business Growth
in Sumter County, Florida

Sumter County’s manufacturing industry generates products ranging from watercraft to above ground fuel storage tanks. Excellent highway, rail, airport, and seaport infrastructure facilitate the movement of these goods between suppliers and consumer markets. Sumter County’s unique proximity to various universities in the region further enriches the manufacturing ecosystem by supplying the labor force needed to thrive.

Incentives

In an effort to help attract businesses within the targeted industries of manufacturing, distribution, and agriculture, Sumter County has approved and adopted a set of targeted business incentives for companies locating and/or expanding their operations in the County. Even with Sumter County’s advantages of a low and stable tax rate, low debt ratio and proactive business philosophy, you can still enjoy competitive incentives to help make your decision to locate in Sumter County even easier.

Expedited Permitting

Sumter County has forged unique, innovative partnership agreements with its cities and the State of Florida, and gained broad-gauge, fast-track approval processing on “shovel-ready” development sites.

The county’s site and building permit process can run concurrently in some areas submitted for consideration. Site and building permits an be issued within 21 days due to having the correct entitlements (no legislative hearings- administrative process only) to meet certain land and building requirements.

Industry Incentive

Sumter County embraces a diversified economy to offset adverse impacts on market fluctuations and
support the domestic production of goods. Sumter County offers a targeted manufacturing cash
incentive coupled with a targeted manufacturing research and development (R&D) incentive.
A manufacturer may be eligible for one or both of these incentives. These incentives are independent of
any state grant funds obtained by the business unless otherwise stated in the written agreement
between Sumter County and the manufacturer.

Incentive Guidelines:

– The industry incentive applies to new or existing businesses in the manufacturing industry as
specified by the North American Industry Classification System (NAICS) and approved by Sumter
County Economic Development as a qualified manufacturer.

– A minimum capital construction investment of $500,000 to real property located within Sumter
County, Florida is required.

– The manufacturing cash incentive is calculated as follows:

1. The total payout amount for existing manufacturers is up to 12% of the company’s
building capital investment, and up to 5% of the company’s tangible personal property
investment associated with the building capital investment, not to exceed a maximum
of $1,000,000 per year, for a combined total of $3,000,000 over three years*.

2. The total payout amount for new manufacturers is up to 10% of the company’s building
capital investment, and up to 5% of the company’s tangible personal property
investment associated with the building capital investment, not to exceed a maximum
of $1,000,000 per year, for a combined total of $3,000,000 over three years*.

3. If a manufacturer is an international exporter, the manufacturer may be eligible for an
additional 2% incentive on the tangible personal property investment associated with
the building capital investment (up to 7% of the total tangible personal property
investment). A copy of the U.S. Customs Electronic Export Information and/or Schedule
B form is required for verification of export status.

4. If the new or existing manufacturing expansion includes an R&D component, the
company may be eligible for an additional 1% of the building capital investment
incentive as calculated above.

– Payout amounts for the manufacturing cash incentive (with or without the personal property,
international exporter status, or R&D components) are paid by the county in three equal
payments as follows:

1. The first payment is made on the opening day of the facility in the amount of one third
(1/3) of the incentive, provided company received a certificate of occupancy and the
new equipment was installed.

2. The second payment is made one year after the first payment is made in the amount of one third (1/3) of the incentive.

3. The third payment is made one year after the second payment is made in the amount of one third (1/3) of the incentive.

– The manufacturing incentive is limited to three (3) years and the business must reapply each
year.

– Proof of investment is required before an incentive payment is made to the business in the form
of a copy of the Tangible Personal Property Tax Return Form (DR‐405a) and the Building Permit
Application noting the original Declared Value as submitted to Sumter County.

* The county’s obligation to provide incentive funding is limited

 

Transportation

Sumter County represents a distribution hub unique in the state, strategically located at the crossroads of I-75, Florida’s Turnpike and CSX Rail’s main freight line.

Roads

Interstate 75 and Florida’s Turnpike
US Highway 301 and US Highway 27
State Roads 44, 48 and SR 50

Airports

Orlando International (1 hour)
Tampa International (1 hour)
Leesburg Regional (20 minutes)

Seaports

Port of Tampa (1 hour)
Port Manatee (1.25 hours)
Port Canaveral (1.75 hours)
Port of Jacksonville (2.5 hours)
Port of Miami (4 hours)

Rail Service

CSX rail is an integral element of the Sumter County transportation hub. CSX’s S-line industrial rail runs the entire north-south length of the county, providing Sumter businesses major distribution advantages.

CSX currently rolls 15 to 25 trains per day through Sumter County, each pulling up to 90 freight cars, serving 23 states over their 21,000 mile rail network.

Market Access and Export Capabilities

While it’s true that Sumter County isn’t located directly on the coast, that’s been little impediment when it comes to our international trade. Interstates, rail lines and nearby ports provide an excellent network of transit points for your products, tools and imports. And as a bonus, our inland location is less susceptible to hurricane damage while also being significantly less expensive than a location directly on the Gulf or Atlantic coasts.

A number of export resources from counseling to financing also exist for distribution businesses in the County.

Business Data

Transportation

Highways: I-75; Florida Turnpike; US Hwy 301; SR 44, SR 48, SR 50
Airports: Orlando Intl. (1 hr.), Tampa Intl. (1 hr.) and Leeburg Regional Airport (20 mins.)
Seaports: Deepwater Ports of Tampa (1 hr), Manatee (1.5 hrs.), Jacksonville (2.5 hrs.), Canaveral (2 hrs.) and Miami (4 hrs.)
Rail Service: Industrial rail service by CSX Transportation’s main Eastern Seaboard freight line (S-Line)

Education

● School System “A Rated” for five consecutive years by State Board of Education
● Lake Sumter State College partners with Sumter County Schools and UCF to offer Bachelor’s degrees, vocational certificates and technology diplomas
● Regional campuses of UCF located nearby in Leesburg and Clermont
● USF and UF, both top national research institutions, are an hour away in Tampa and Gainesville respectively

Sumter Strengths

Location, Location, Location

Sumter County is a major, regional transportation hub for Central Florida at the crossroads of Interstate 75, Florida’s Turnpike and CSX’s main freight line, with access to major airports and seaports less than 90 minutes away.

Incentives

An aggressive local incentive package for targeted industries that includes incentives for manufacturing, distribution and agricultural businesses.

Pro-Business Philosophy

Pro-business county leadership and economic development team with a personal commitment and passion for supporting local businesses.

A Commitment to Business

An Industrial Development Authority whose sole mission is to facilitate business growth and expedite the processing of bonds.

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